Notting Hill

POSTAL CODE: VIC, 3168
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Based on its average 5-year and quarterly capital gains NOTTING HILL, 3168 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that NOTTING HILL, 3168 obtained a 5.14% growth over a ten-year period. It ranks 3125th on our list of suburbs that property investors should look into.

NOTTING HILL, 3168 in VIC belongs to the local government area of Monash.

NOTTING HILL, 3168 has a capital gain of 0.33% for the past year, which is lower than average compared to its 30.14% growth within a five-year period.

With the median home price in NOTTING HILL sitting at $1,200,000, and the average rent at $590, property owners could potentially earn a 2.56% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in NOTTING HILL are low, as opposed to average gains per annum over the past five years.

Surburb overview

Notting Hill is a small inner-south-eastern suburb of Melbourne located within the City of Monash. The suburb is situated approximately 19 kilometres south-east of the Melbourne central business district and lies between Clayton, Mount Waverley and Mulgrave.

Notting Hill has a tiny residential population, with fewer than 1,000 residents recorded at the 2021 census, reflecting its limited housing stock and dominant non-residential land use. The demographic profile is shaped by this small residential base, with households primarily located along the suburb’s fringes rather than its central areas.

Housing in Notting Hill is limited, consisting mainly of detached dwellings and small residential clusters, with no large residential estates or high-density developments. The suburb is best known for its extensive industrial, commercial and research precincts rather than as a conventional residential area.

Land use is dominated by manufacturing facilities, warehouses, offices and research institutions that support employment across Melbourne’s south-east. A significant influence on the area is the proximity of Monash University’s Clayton campus, which borders Notting Hill and contributes significantly to local employment, research activity and daily travel patterns.

Public transport access in Notting Hill is limited, with no railway station in the suburb. Residents and workers typically access train services at nearby Clayton, Huntingdale or Mount Waverley stations on the metropolitan rail network. Bus routes operate along Wellington Road and surrounding arterial roads, providing connections to Monash University, Clayton and surrounding suburbs. Road connectivity is a defining feature, with Wellington Road, Blackburn Road and the Monash Freeway providing strong east–west and north–south links. These arterial routes support high volumes of commuter and freight traffic associated with local employment precincts.

Retail and service amenities within Notting Hill are limited and primarily cater to workers rather than residents. Most day-to-day shopping, medical services and hospitality options are accessed in nearby centres such as Clayton, Mount Waverley and Glen Waverley. Educational facilities within the suburb are limited, though Monash University and associated research institutes form a significant academic and employment presence on its boundary.

Recreational amenities are modest, with small reserves and shared paths rather than large parks or sporting facilities. Open space is generally accessed in neighbouring suburbs rather than within Notting Hill itself.

Employment dominates daily activity in the area, with the suburb functioning primarily as a jobs and research hub within Melbourne’s south-east. Notting Hill’s identity is defined by its strategic location, industrial and research land use and close integration with major transport corridors and tertiary institutions.

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